While these trends will surely change commerce practice in the coming years, the nexus of these trends will be immensely disruptive. Think convergence – contextual apps on wearable computers that provide services based on real-time analysis of social and location data, delivered via omnipresent wireless internet access.

Wearable computing: Think Google Glasses or Motorola Solutions’ new HC1 headset computer that you attach to your head and operate with voice commands

The “open world”: Android’s relative openness has encouraged “contextual apps” to emerge from the woodwork. “Apple doesn’t let them [developers] talk to the WiFi radio or bluetooth radio,” said Scoble.

Weird databases and the rise of “big data”: “We are seeing weird databases spring up like mushrooms,” said Scoble. These include NoSQL, Firebase, and MongoDB.

The maturation of social networks: The leading social media sites like Facebook, Twitter, and LinkedIn are accumulating a massive store of user-generated data. What will they do with it?